scholarly journals A Resource Extraction Model with Technology Adoption under Time Inconsistent Preferences

Mathematics ◽  
2021 ◽  
Vol 9 (18) ◽  
pp. 2205
Author(s):  
Carles Mañó-Cabello ◽  
Jesús Marín-Solano ◽  
Jorge Navas

A two-stage non-standard optimal control problem with time inconsistent preferences is studied. In an infinite horizon setting, a time consistent (sophisticated) decision maker chooses the time of switching between two consecutive regimes. The second regime corresponds to the implementation of a new technology, and a cost must be paid at the switching time. Although the problem is formulated for a general discount function, special attention is devoted to models with nonconstant discounting and heterogeneous discounting. The problem is solved by transforming it into a problem in a finite horizon and free terminal time. The corresponding dynamic programming equations are presented, and conditions for the derivation of the switching time by decision makers with different degrees of sophistication are studied. A resource extraction model with technology adoption is solved in detail. Effects of the adoption of different discount functions are illustrated numerically.

2008 ◽  
Vol 3 (1) ◽  
pp. 71-80
Author(s):  
Lidwien van de Wijngaert ◽  
Johan Versendaal ◽  
René Matla

Radio Frequency Identification (RFID) is increasingly applied in the logistics domain. As with other emerging technologies it is complex whether, when and how an organization should invest in RFID. In this paper the decision to adopt RFID in the logistic domain is explored. The authors take a business/IT-alignment approach and investigate the relation between business/IT-alignment principles and preference for RFID applications. A comparison of thirteen organizations that operate one or more warehouses shows that managers and decision makers in companies are not necessarily in sync with the business/IT-alignment principle which implies to further mature in the areas/domains that are least developed. Organizations were more prone to invest in business/IT areas that are already well developed. We conclude that other factors influence decisions to apply this type of new technology. Yet, the framework offers the opportunity to analyze and prepare a technology decision; it provides insight in and arguments for possible RFID adoption.


2021 ◽  
Vol 10 (2) ◽  
pp. 59-65
Author(s):  
Pamela Robinson ◽  
Peter A. Johnson

During the first six months of the COVID-19 pandemic, around the world, evidence is mounting as to the unenveness of impacts across communities. There are disproportionately more impacts on people who are elderly, economically marginalized, immunologically compromised, and members of racialized and equity-seeking communities. As part of the COVID-19 response, virus transmission mitigation efforts including the use of new technology tools like contract tracing apps are being explored. There are significant implications to the use of these tools, including how they impact different community members and exacerbate digital divide, exclusion, and surveillance issues. This article brings forward a citizen participation framework that is instructive for decision-makers charged with pandemic-driven technology adoption.


2021 ◽  
Author(s):  
Jennifer Wong ◽  
Katharina Naswall ◽  
Fleur Pawsey ◽  
Geoff Chase ◽  
Sanna Malinen

Technological advancements are vital for improving the capacity of the health system to deliver health and wellbeing benefits to individuals. Despite significant financial investments in technological innovations in healthcare, patients are reported to benefit from only 30-50% of new healthcare technologies. We propose that some of the challenges of technology adoption are related to human factors, and specifically to social dynamics in healthcare workplaces, and that organisational psychology perspectives can facilitate our understanding of how to manage these dynamics. The aim of the present paper is to present a framework (TECH-ISM) to empower medical decision-makers to become innovation drivers by influencing the social dynamics are within medical workplaces. Our framework is based on an overview of research on technology adoption, where we highlight the impact of relational and social factors, and how adoption is affected by key relationships in healthcare delivery workplaces. We conclude our paper with a discussion of how medical decision-makers can socialise new technology into the workplace, and the importance of managing these social dynamics over time.


Healthcare ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 23
Author(s):  
Nadir G. Abdelrahman ◽  
Raza Haque ◽  
Molly E. Polverento ◽  
Andrea Wendling ◽  
Courtney M. Goetz ◽  
...  

(1) Background: There is increasing scholarly support for the notion that properly implemented and used, technology can be of substantial benefit for older adults. Use of technology has been associated with improved self-rating of health and fewer chronic conditions. Use of technology such as handheld devices by older adults has the potential to improve engagement and promote cognitive and physical health. However, although, literature suggests some willingness by older adults to use technology, simultaneously there are reports of a more cautious attitude to its adoption. Our objective was to determine the opinions towards information technologies, with special reference to brain health, in healthy older adults either fully retired or still working in some capacity including older adult workers and retired adults living in an independent elderly living community. We were especially interested in further our understanding of factors that may play a role in technology adoption and its relevance to addressing health related issues in this population; (2) Methods: Two focus groups were conducted in an inner-city community. Participants were older adults with an interest in their general health and prevention of cognitive decline. They were asked to discuss their perceptions of and preferences for the use of technology. Transcripts were coded for thematic analysis; (3) Results: Seven common themes emerged from the focus group interviews: physical health, cognitive health, social engagement, organizing information, desire to learn new technology, advancing technology, and privacy/security; and (4) Conclusions: This study suggests that in order to promote the use of technology in older adults, one needs to consider wider contextual issues, not only device design per se, but the older adult’s rationale for using technology and their socio-ecological context.


2021 ◽  
Vol 73 (3) ◽  
pp. 545-589 ◽  
Author(s):  
Helen V. Milner ◽  
Sondre Ulvund Solstad

ABSTRACTDo world politics affect the adoption of new technology? States overwhelmingly rely on technology invented abroad, and their differential intensity of technology use accounts for many of their differences in economic development. Much of the literature on technology adoption focuses on domestic conditions. The authors argue instead that the structure of the international system is critical because it affects the level of competition among states, which in turn affects leaders’ willingness to enact policies that speed technology adoption. Countries adopt new technology as they seek to avoid being vulnerable to attack or coercion by other countries. By systematically examining states’ adoption of technology over the past two hundred years, the authors find that countries adopt new technologies faster when the international system is less concentrated, that changes in systemic concentration have a temporally causal effect on technology adoption, and that government policies to promote technology adoption are related to concerns about rising international competition. A competitive international system is an important incentive for technological change and may underlie global technology waves.


2003 ◽  
Vol 2 (2) ◽  
Author(s):  
Fumiko Hayashi ◽  
Elizabeth Klee

Consumers pay for hundreds of goods and services each year, but across households and across goods, consumers do not choose to pay the same way. This paper posits that payment choices depend in part on consumers' propensity to adopt new technologies and in part on the nature of the transaction. To test this hypothesis, this paper analyzes consumer's payment instrument use at the point of sale and for bill payment. The sample includes consumers surveyed in 2001, who are primarily users of the Internet. The results indicate that consumers who use new technology or computers are more likely to use electronic forms of payment, such as debit cards and electronic bill payments. Particularly, the use of direct deposit is a significant predictor of electronic payment use. Furthermore, the results indicate that payment choice depends on the characteristics of the transaction, such as the transaction value, the physical characteristics of the point of sale, and a bill's frequency and value variability.


2008 ◽  
Vol 46 (22) ◽  
pp. 6461-6478 ◽  
Author(s):  
H. Wagner ◽  
A. Dainty ◽  
R. Hague ◽  
C. Tuck ◽  
M. H. Ong

Lupus ◽  
2021 ◽  
pp. 096120332110300
Author(s):  
Evandro Mendes Klumb ◽  
Morton Scheinberg ◽  
Viviane Angelina de Souza ◽  
Ricardo Machado Xavier ◽  
Valderilio Feijo Azevedo ◽  
...  

Purpose The objective of this review is to address the barriers limiting access to diagnosis and treatment of systemic lupus erythematosus (SLE) and lupus nephritis (LN) in Brazil, specifically for patients in the public healthcare system, arguably those with the least access to innovation. Design A selected panel of Brazilian experts in SLE/LN were provided with a series of relevant questions to address in a multi-day conference. During the conference, responses were discussed and edited by the entire group through numerous drafts and rounds of discussion until a consensus was achieved. Results The authors propose specific and realistic recommendations for implementing access to innovative diagnostic tools and treatment alternatives for SLE/LN in Brazil. Moreover, in creating these recommendations, the authors strived to address barriers and impediments for technology adoption. The multidisciplinary care required for SLE/LN necessitates the collective participation of all involved stakeholders. Conclusion A great need exists to expand the adoption of innovative diagnostic tools and treatments for SLE/LN not only in Brazil but also in most countries, as access issues remain an urgent demand. The recommendations presented in this article can serve as a strategy for new technology adoption in other countries in a similar situation.


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